Funny how some of the posters have now woken up to the fact that ERN's neigbor Forsys went from 50 cents to 10 dollars in about twelve months drilling out a very large very low grade open pittable u deposit. That is a certified 20 bagger.
IF u look at ERN's current drill program on Areas 1 & 3 and assume they are testing down to 75 meters their target zones encompass about +2 billion tonnes of rock. That is, Area 1 1,800 x 1,000 x 75 m for about 300,000,000 tonnes AND 5,000 x 2,000 x 75 m for 1,875,000,000 tonnes. I am NOT saying that these targets are u mineralized BUT that they are certifed u targets. Everything will now depend on drill programs AND so far we know that about 500 x 800m x 75 or about 75,000,000 tonnes carries u values which is about 3.45% of the target area (and we have ignored another four large targets in ERN's inventory).
The numbers are staggering. Next set of drill results come in mid July.
Funny how some of the posters have now woken up to the fact that...
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